Some in the banking industry are playing down the risks of another Silicone Valley Bank-style downfall.
The speed at which depositors fled Silicon Valley Bank this month — withdrawing $42bn in 24 hours — has left authorities confronting a new risk: the social media-driven bank run...
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Nick Hedley | Why the Silicon Valley Bank implosion could provide relief to SA | BusinessOPINION | A 4.5 percentage point increase in US rates in little over a year was bound to cause problems – at least in hindsight. But there are some silver linings, writes nickhedley.
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OPINIONISTA: New World Economy — the global banking crisis in a time of war, geopolitical tensions and climate shocksThe immediate question is whether Silicon Valley Bank’s failure is the start of a more general bank crisis. The rise of market interest rates caused by the Fed and European Central Bank’s tightening has impaired other banks as well. Now that a banking crisis has occurred, panics by depositors are more likely.
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THE FINANCE GHOST: The Lehman Bros of Silicon ValleyThe implosion of SVB is a cautionary tale to all other lenders on how not to manage interest rate risk, writes FinanceGhost.
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THE FINANCE GHOST: The Lehman Bros of Silicon ValleyThe implosion of SVB is a cautionary tale to all other lenders on how not to manage interest rate risk, writes FinanceGhost.
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